November 14, 2013
MRS Logistica is readying a BRL300m ($128m) transaction for Brazil’s domest
MRS Logistica is readying a BRL300m ($128m) transaction for Brazil’s domestic bond market, it says. The 6-year debenture is to pay the DI plus up to 1.1%, and amortize in equal parts at the end of the final three years. The railroad operator is raising funds for working capital and to repay existing debt. Officials at MRS do not return a request to comment on the lead manager of the deal, done under the rule 476 restricted format and rated AA+ on a national scale.